AQR Capital Management LLC bought a new position in Weis Markets, Inc. (NYSE:WMK – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 12,948 shares of the company’s stock, valued at approximately $813,000.
Several other large investors also recently modified their holdings of WMK. American Century Companies Inc. grew its holdings in Weis Markets by 29.1% during the 2nd quarter. American Century Companies Inc. now owns 334,324 shares of the company’s stock worth $20,986,000 after acquiring an additional 75,395 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Weis Markets by 228.7% in the second quarter. GAMMA Investing LLC now owns 572 shares of the company’s stock worth $36,000 after acquiring an additional 398 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Weis Markets by 14.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 4,715 shares of the company’s stock valued at $304,000 after acquiring an additional 588 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Weis Markets by 26.5% in the first quarter. Russell Investments Group Ltd. now owns 19,849 shares of the company’s stock valued at $1,278,000 after buying an additional 4,161 shares in the last quarter. Finally, Quantbot Technologies LP grew its holdings in shares of Weis Markets by 305.3% during the first quarter. Quantbot Technologies LP now owns 3,798 shares of the company’s stock worth $245,000 after purchasing an additional 2,861 shares during the last quarter.
Weis Markets Trading Up 1.3 %
WMK stock opened at $65.18 on Friday. Weis Markets, Inc. has a 52 week low of $58.87 and a 52 week high of $76.62. The company has a market cap of $1.75 billion, a P/E ratio of 17.38 and a beta of 0.46. The company’s 50-day moving average price is $67.22 and its 200 day moving average price is $65.90.
Weis Markets Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, August 12th. Stockholders of record on Monday, July 29th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend was Monday, July 29th. Weis Markets’s dividend payout ratio (DPR) is presently 36.27%.
Weis Markets Profile
Weis Markets, Inc engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company’s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products.
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